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Feature Article: A FSBO Letter That Gets Results


By Rob
Real Estate & Mortgage Broker... Creator of the Sink or Swim Loan Closing System

Below is a letter from my files, that you can use to attract For Sale By Owner, FSBO prospects.  They are a great source for generating fresh leads, if you know what to do. The most important thing to remember is to set yourself apart as a resource and a helpful advisor.  So be sure to give it a try and let me know how it works out.  To read more about dealing with FSBO clients, see my previous articles at:

HOW TO FIND FSBO’S IN YOUR AREA

http://www.myloansystem.com/article20.htm

HOW TO BEST APPROACH A FSBO PROSPECT

http://www.myloansystem.com/article21.htm

(A FSBO letter that gets results, simply fill in the blanks!)

Dear (prospect’s name),

I am NOT a realtor, and this letter is NOT to solicit a real estate listing from you!

My name is (name) and I'm a mortgage broker with (name of company) in (city, state).  I noticed your (post/advertisement/listing) on/in (name of venue), and believe I can help you sell your home.  Best of all, I won't charge you a dime!  That’s right—nothing.

Federal Law requires that "Sellers" provide many documents and disclosures to the Homebuyer which are normally provided by a Real Estate Agent.  Not only is it important to "cover all the bases" legally in a real estate transaction due to our society being litigious in nature these days, but equally important is monitoring the access to your home by people who:

1. May not be able to "qualify" for the Home Loan they need in order to purchase ANY HOME, much less yours

2. May be people who want to gain ACCESS TO YOUR HOME for the purpose of illegal activity, presently or in the future

How can you protect yourself to the greatest extent possible from those characters mentioned above?  Obviously, through listing your home with a realtor, but if that is not your goal or intention, I can still help.

I am interested in acquiring new CLIENTS at this time, and the people who are interested in buying your home are "potential" clients for me.  I am willing to help you save thousands of dollars in real estate commissions in exchange for being the mortgage professional your refer inquiries to "Pre-Qualify" for a home loan BEFORE you allow them into your home.

When interested people talk to me I will be able to let you know if they have the financial ability to purchase your home.  You should NEVER let anyone have access to your home without a Pre-Qualification letter from a banking institution.  Anyone who will not become Pre-Qualified is NOT a serious candidate as a homebuyer.  They usually fall into the categories shown above.

This is a proven Win-Win situation for many who have sold their own homes in the past utilizing the knowledgeable, professional services of a mortgage broker.  I also have my own website which my customers are on every day.  I would be happy to post some of the information about your home on my website, at NO cost to you.  My goal is to simply play matchmaker.  I want to pair up as many of my potential BUYERS with a SELLER such as yourself.

If you are interested in working together on this mutually beneficial plan, call me at your earliest convenience at (phone number) so we can discuss it further.

Thanks for your consideration, and I look forward to working with you.

Sincerely,

(name)

(contact details)

(website, etc.)

  -- END --

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"The Sink or Swim Loan Closing System ® is guaranteed to help you close more loans more quickly and make more money.  Don't make a mistake that could cost you your next loan and potentially thousands of dollars in commissions.  Designed for loan officers, loan processors, mortgage processors, mortgage brokers, mortgage bankers, local bank representatives, real estate agents, real estate investors, title companies, financial planners, CPAs, accountants or anyone else involved in the mortgage industry.  If there is a potential pitfall or deal-killer out there that could derail your loan, chances are it is already covered in the closing system.  Invest in your business."

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